Capital One Foundation Inc

Organization Overview

Capital One Foundation Inc is located in Mclean, VA. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital One Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Capital One Foundation Inc generated $21.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $11.8m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Capital One Foundation Inc has awarded 401 individual grants totaling $50,789,289. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEACHERS COLLEGE:THE CAPITAL ONE FOUNDATION IS PARTNERING WITH 13 COMMUNITY COLLEGES ("COHORT COLLEGES") ENGAGED IN VARIOUS EFFORTS TO STRENGTHEN CREDIT AND NONCREDIT WORKFORCE PROGRAM ALIGNMENT. WITH GRANT-BASED FUNDING AND GUIDANCE FROM THE FOUNDATION, THE COLLEGES ARE BUILDING UPON PREVIOUS EFFORTS AND EXPERIMENTING WITH INNOVATIVE APPROACHES TO BETTER ALIGNMENT. IN SPRING 2019, THE COMMUNITY COLLEGE RESEARCH CENTER (CCRC) COLLABORATED WITH THE CAPITAL ONE FOUNDATION AND FIVE COHORT COLLEGES TO DESIGN A PROTOTYPE THAT BUILDS COLLEGES' CAPACITIES TO DEVELOP, EVALUATE, AND IMPROVE POLICIES AND PRACTICES GEARED TOWARD ALIGNING CREDIT AND NON-CREDIT PROGRAMS.


RESEARCH FOUNDATION OF CUNY:WITH SUPPORT FROM THE CAPITAL ONE FOUNDATION OVER THE LAST SEVERAL YEARS WE HAVE IMPLEMENTED SEVERAL STRATEGIES TO HELP FURTHER STRENGTHEN THE PROGRAM, INCLUDING: EQUIPMENT AND SOFTWARE UPGRADES; FREE CERTIFICATION BOOT CAMPS FOR CURRENTLY ENROLLED STUDENTS; PARTNERSHIPS WITH A LOCAL NONPROFIT PARTNER, PER SCHOLAS, TO HELP WITH RECRUITMENT EFFORTS; THE AVAILABILITY OF STUDENTS SUPPORTS (I.E. CERTIFICATION TEST VOUCHERS); AND THE ESTABLISHMENT OF A WELL-ROUNDED ADVISORY BOARD THAT INCLUDES EMPLOYERS AND ACADEMICS FROM THE FIELD.


HOSTOS COMMUNITY COLLEGE:THE PROJECT SEEKS TO STRENGTHEN CAREER PATHWAYS AT THE COLLEGE BY BETTER ALIGNING CEWD'S NON-CREDIT OCCUPATIONAL TRAINING PROGRAMS WITH CREDIT-BEARING ACADEMIC DEGREE PROGRAMS. THE LONG-TERM GOAL OF THIS PROJECT IS TO BETTER PREPARE STUDENTS TO ENTER THE COLLEGE AND TO HELP IMPROVE CREDIT ACCUMULATION AND EMPLOYMENT RATES FOR HOSTOS STUDENTS. THE GRANT WILL FACILITATE THE DEVELOPMENT OF NEW CREDIT ARTICULATION AGREEMENTS THAT GIVE CREDIT TO STUDENTS THAT ENROLL IN HOSTOS AFTER SUCCESSFULLY COMPLETING A CEWD OCCUPATIONAL TRAINING PROGRAM IN HIGH-DEMAND FIELDS SUCH AS ALLIED HEALTH AND INFORMATION TECHNOLOGY. THE GRANT ALLOWS US TO PARTNER WITH FACULTY AND ADMINISTRATORS TO DEVELOP STRATEGIES FOR GRANTING CREDIT FOR PRIOR LEARNING, PART OF A BROADER INITIATIVE ACROSS CUNY. THE PROJECT WILL ALSO FOCUS ON DEEPENING CONNECTIONS BETWEEN CEWD AND THE COLLEGE AROUND STUDENT ASSESSMENT AND SUPPORT SERVICES, SO THAT BOTH MATRICULATED AND NON-MATRICULATED STUDENTS RE


DALLAS COUNTY COMMUNITY COLLEGE:THE WORKFORCE DEVELOPMENT PROGRAM OF DCCCD ENCOMPASSES MANY AREAS THAT WORK WITH DALLAS COUNTY ENTITIES TO DELIVER RESEARCH AND INFORMATION FOR CAREER DEVELOPMENT AND JOB SKILLS. OUR LABOR MARKET INTELLIGENCE (LMI) DEPARTMENT PLAYS A VITAL ROLE IN GIVING LEADERSHIP AND WORKFORCE PARTNERS DATA ON THE SKILLS DEMANDS FOR DALLAS COUNTY'S PRIMARY JOB NEEDS. EMPLOYERS AND DCCCD LEADERSHIP DISCUSS LMI INFORMATION WITH WORKFORCE ADVISORY BOARDS INTERNAL AND EXTERNAL OF OUR DISTRICT. MUCH OF THE INFORMATION SHARED COMES FROM THE LMI RESEARCH TEAM FOR MAKING DECISIONS REGARDING PROGRAMS OFFERED AT DCCCD, WHICH ASSIST OUR COUNTY AND AREA WITH EDUCATION AND TRAINING FOR EMPLOYING A SKILLED WORKFORCE. THIS IN TURNS GIVE OUR STUDENTS ACCESS TO LEARNING SKILLS THAT WILL PREPARE THEM TO OBTAIN ECONOMICALLY STABLE JOBS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $20,000,000
Interest on Savings $0
Dividends & Interest $1,002,729
Net Rental Income$0
Net Gain on Sale of Assets $838,964
Capital Gain Net Income $838,964
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $21,841,693

Grants Awarded

Over the last fiscal year, Capital One Foundation Inc has awarded $11,682,500 in support to 17 organizations.

Grant RecipientAmount

BRAVEN INC

PURPOSE: LAUNCHING BRAVEN IN PARTNERSHIP WITH DELAWARE STATE UNIVERSITY

$500,000

CENTER FOR LAW AND SOCIAL POLICY

PURPOSE: BUILDING EQUITABLE ECONOMIC SUPPORTS IN THE SOUTH

$550,000

HISPANIC ASSOCIATION OF COLLEGES AND UNIVERSITIES

PURPOSE: HSI IMMERSION PROGRAM+ AND HBCU-HSI JOINT IMMERSION PROGRAM (SUMMER 2024)

$1,420,000

HISPANIC SCHOLARSHIP FUND

PURPOSE: 2023-25 CAPITAL ONE FOUNDATION/HSF PARTNERSHIP

$275,000

MDRC

PURPOSE: OPTIMIZING TEXTING TECHNOLOGY THROUGH ENGAGEMENT RESEARCH WITH STUDENTS (OTTERS) PROJECT

$720,000

THURGOOD MARSHALL COLLEGE FUND

PURPOSE: HBCU IMMERSION PROGRAM (ADDITIONAL STUDENTS) AND TMCF CAPITAL ONE CAMPUS ENGAGEMENT & DEVCON

$110,360
View Grant Profile

Peer Organizations

Organization NameAssets
Virginia Student Aid Foundation
Charlottesville, VA
$59,716,708
Educational Foundation Inc
Chapel Hill, NC
$82,405,052
Foundation For Advanced Education In The Sciences Inc
Bethesda, MD
$42,449,991
Horatio Alger Association Of Distinguished Americans Inc
Alexandria, VA
$22,420,571
The North Carolina A&t Real Estate Foundation Inc
Greensboro, NC
$33,021,773
Ray And Kay Eckstein Charitable Trust
Paducah, KY
$14,667,434
James Madison University Foundation Inc
Harrisonburg, VA
$21,589,923
Hca Healthcare Foundation
Nashville, TN
$75,314,080
Nc Student Aid Association Inc
Raleigh, NC
$35,950,194
Somerset Community Services Inc
Marion Station, MD
$21,032,696
American Association Of University Women Inc
Washington, DC
$12,036,557
Marine Corps Scholarship Foundation Inc
Alexandria, VA
$37,411,876
Indian Paintbrush Foundation
Washington, DC
$1,521,981,843
Amity Medical Group Inc
Charlotte, NC
$14,124,269
District Of Columbia College Access Program
Washington, DC
$7,962,700
Way To Rise
Washington, DC
$23,023,139
Children Of Fallen Patriots Foundation
Reston, VA
$12,377,838
Morehead Cain Foundation
Chapel Hill, NC
$29,358,947
Education Foundation Scholarship Endowment Trust
Chapel Hill, NC
$25,037,284
Asian And Pacific Islander American Scholarship Fund
Washington, DC
$13,616,717
Capital One Foundation Inc
Mclean, VA
$21,841,693
National Consortium For Graduate Dgrs Minorities In Engineering
Alexandria, VA
$13,705,738
The One Love Foundation In Honor Of Yeardley Love Inc
Baltimore, MD
$7,811,923
Golf Club Of Tennessee
Kingston Springs, TN
$9,371,348
National Association Of Student Financial Aid Administrators
Washington, DC
$11,681,568

Create an account to unlock the data you need.

or